CATEGORIES

Sebi merges probes on Zee, Goenka, Chandra

The capital market regulator clubbed proceedings on Thursday against Zee Entertainment Enterprises Ltd (ZEEL), its chief executive Punit Goenka and former chairman Subhash Chandra over allegations of fund diversion and violation of disclosure requirements.

M&M, Tata Motors ride EVs to become first to win auto PLI

Govt okays ₹246 crore to be disbursed to the two firms—first since scheme was launched

EV players, Goyal to meet today, discuss infra-related issues

The government plans to install 10,763 public charging stations across the country under the FAME-II scheme

Heritage to grow beyond South, boost value-added dairy items

Heritage Foods plans to expand beyond South India, where it draws the bulk of its revenue from, and launch more value-added products as demand for such items grows, a top official of the Hyderabad-based dairy company said.

Office rentals to rise as demand surges

Mindspace REIT CEO Nair also expects interest rates to ease, paving the way for higher growth

iBus eyes ₹2,000 cr in revenue, bets on digitization of buildings

Bengaluru-based iBus Networks is aiming for a revenue of ₹2,000 crore in the next four to five years, with Ebitda (earnings before interest, taxes, depreciation and amortization) of ₹500 crore, as it looks to become an infrastructure tech company by offering digital solutions for last-mile connectivity.

Hotels, travel agencies expect hill stations to see a tide of tourists

As the Republic Day weekend nears, executives at The Khyber Himalayan Resort & Spa, 8,825ft above sea level in Jammu and Kashmir's (J&K) Gulmarg, are preparing for a huge rush of tourists.

Banks Push RBI for FX Swap Amid Liquidity Crunch

Such operations could effectively inject rupee liquidity into the financial markets

Indo Farm IPO gets subscribed 228x times

The initial public offering (IPO) of Indo Farm Equipment garnered a whopping 227.57 times subscription on the closing day of bidding on Thursday.

Market correction gives opportunities to buy, but valuations still high

The market is currently showing some signs of recovery, rebounding roughly 4% from its trough

Sebi uncovers front-running case, cracks the whip again on Ketan Parekh

The regulator debarred Parekh from dealing in the securities market till further investigation is completed

Rupee expected to further weaken vs dollar in coming months

The rupee is expected to further weaken in the coming months as Trump's presidency strengthens the dollar, at least in the near term, experts said, adding that the central bank's interventions in the currency market are likely to ease.

Maruti's small cars revving again

Maruti Suzuki India Ltd's sales volume update for December sprung a positive surprise on small, entry-level cars, which saw 29% year-on-year growth to 62,324 vehicles.

How UPI access will make digital wallet users' life easier

The initiative aims to incorporate PPIs into the UPI ecosystem to improve interoperability between players

Ranjan Pai's family office plans medtech platform

Claypond Capital, the family investment office of Manipal Hospitals head Ranjan Pai, is creating a medtech platform to bet on medical devices and medical technology companies, VCCircle has learnt.

After US, India faces most cyber attacks

India emerged as the second most targeted nation in terms of cyber attacks in the world as 95 Indian entities came under data theft attacks in 2024, cyber intelligence firm CloudSEK said in a report.

Transactions via UPI up 8% in Dec: NPCI

Transactions through the popular Unified Payments Interface (UPI) touched a record 16.73 billion in December, recording a growth of 8% over the preceding month, according to data released by the National Payments Corporation of India (NPCI).

Zaggle Eyes Three Acquisitions by Mar '26 to Fuel Growth

Zaggle Prepaid Ocean Services Ltd has zeroed in on three acquisition targets, a top executive told VCCircle, as the software-as-a-service fintech company looks to accelerate business growth after going public in late 2023.

CCI's Apple Probe Confirms Anti-Competitive Practices

CCI will share the confidential version of its report with Apple to enable them to prepare

Nvidia's mkt value gets $2 tn AI boost in '24

Nvidia emerged as the biggest global gainer in market capitalization for 2024, driven by surging interest in artificial intelligence (AI) and the robust demand for its AI-centric chips across various industries.

Employment rose 36% to 643.3 mn in past 10 yrs: Minister

Union labour minister Mansukh Mandaviya on Thursday said employment in the country has increased by 36% to 643.3 million in 2023-24 from 471.5 million in 2014-15, which shows improvement in job creation during NDA period.

Centre sets up panel to reset current WPI series' base year

The move aims to make estimation of economic output adjusted for inflation more accurate

Mkt leaders urge FM to take steps to improve liquidity

Industry leaders from the capital market and financial sector urged measures to boost liquidity in the market and cut taxes on fixed deposit products in pre-budget consultations with finance minister Nirmala Sitharaman on Thursday.

Dumping duty feared to delay projects

India doesn't have considerable solar glass production capacity and is dependent on imports

Apex drugs regulator proposes steps to check spurious drugs

The Central Drugs Standard Control Organisation (CDSCO) plans to further tighten the screws this year on those making and selling spurious and substandard medicines, a widespread problem in India.

Street Show Kindles Hopes for New Year

Focus on earnings growth, implications of Trump presidency

Mfg engines cool, casting doubts over growth track

The pace of business activity in India's manufacturing sector is slowing, dimming hopes for those rooting for a sharp rebound in gross domestic product (GDP) growth.

BharatPe to sell up to 25% in Unity SFB, hires Rothschild

New-age non-bank lender BharatPe is looking to sell anywhere between 10% and 25% stake in Unity Small Finance Bank, depending on buyer interest, two people with knowledge of the development said.

RUPEE SLIDE: WHAT IT MEANS FOR INDIA AND YOUR WEALTH

For the past nine months, we've been seeing headlines almost every day that the rupee has touched a new low.

Small-film producers split streaming rights to maximize revenue

Small southern films such as Martin and Naradan are now streaming on more than one platform, often in the same language, as producers look to maximize revenue and OTT players baulk at paying high prices to buy movies or retain exclusive rights of small and mid-budget movies.